Corus Plans to Take Board
Of Dutch Business to Court

LONDON -- Corus Group PLC said it is taking the supervisory board of its Netherlands business to court after the board voted Monday to block the sale of Corus's aluminum assets to Pechiney SA.

The unusual step by the Anglo-Dutch steel company coincided with Corus's announcement that it will cut more jobs and close more plants to turn around its unprofitable U.K. business. The thought that Pechiney sale proceeds would flow in that...